Youth Accounts
FAT CAT® Savings Account (Youth Savings)
At Union Bay Credit Union, we have a strong commitment to helping our youngest members learn the value of saving money at an early age. A FAT CAT® Savings is an account for children aged 12 and younger.Union Bay Credit Union FAT CAT® Savings Account features include:
- no monthly service fee
- daily interest, with interest paid quarterly
- no service charges
- statement mailed semi-annually - December and June
- an annual birthday card with a $10 Community Partnership Gift Certificate to one of our business members
HEADSTART® Account (Student Chequing)
Our HEADSTART® Account is designed to help our young members who are 13 -21** discover how easy it can be to save and manage money. This account earns you interest and comes with minimal service fees. Whether your money comes from an allowance, a paper route, babysitting or a paycheque, the Union Bay Credit Union HEADSTART® account will help you make the most of it, whatever your goals may be.
Union Bay Credit Union HEADSTART® Account features include:
- no monthly service fee
- free self serve debits*
- 4 free in branch withdrawals per month
- $.85 per in branch withdrawal after the first 4
- $1.50 per in branch utility bill payment
- purchase own personalized cheques
- monthly statement
- $2 per Interac ATM transaction
- $3 per Cirrus ATM transaction/US ATM transaction
- $4 per International ATM transaction
** Student status verification required annually
*Self serve debits:POS, PAD's, Online Banking, cheques and ATM withdrawals at UBCU, Canadian CU and Exchange Network ATM